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20110701
20110731
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republicans in this fight than grover norquist. he's here to dish on the debt and deal in taxes. and big money, big problems? mitt romney's campaign is debt free, but where is all that money coming from? we'll tell you why it could add up to a little bit of trouble for the republican front-runner. good morning, it's monday, july 18th, 2011. i'm chuck todd. just 15 days until default day. let's get right to my first reads of the morning. it's a week of public spectacle and private wrangling. efforts to get a big debt deal done has failed. >> when you look in the past at agreements between divided government, it's taken leadership on both sides. it took reagan and o'neil. it took clinton and gingrich. the president is out there. he's willing to do it. he said it in the state of the union, he said it in the budget. the question is, do we have a partner to work with? and i hope the answer to that is yes. >> this week we'll see a two-track process. publicly, leaders will get a few votes out of the way to allow conservatives to get on the record on a balanced budget amendment and set the table that
to remain. a big ridge of high pressure in control there and the drought will continue to worsen. it's not just the heat, it's also the storms. usually the big area of high pressure like you see on the map, you get storms to the north and east side of it. we'll see severe weather in the northeast and the coast guard still looking for two missing boaters out of chicago. they had gusts over 60 miles an hour in a storm and they overturned some of the boats in the water. back to you. >> heat still dangerous across the country in many places. >>> casey anthony has been a free woman for almost 35 hours, but where did she go and who is helping her as she transitions back into society? kerry sanders has the latest details shortly on that. >>> treasury secretary tim geithner speaking this morning that this morning specific items regarding the debt deal. one of the options that senators harry reid and mitch mcconnell or working on raising the debt ceiling in exchange for $1.5 trillion in cuts over ten years. this would also create a new congressional panel that would study ways to reduce the d
'm thomas roberts. rupert murdoch will testify at parliament tomorrow, this is the big headline, all over the phone hacking scandal that's rocking his media scandal. meanwhile there was a new arrest of a top exec over the weekend, and now the head of scotland yard and his assistant are resigning. if you're keeping score so far, there have been three high-profile resignations, ten arrests and it is not over yet. jim maceda is live in london to bring us up to speed on this. jim, good morning. >> reporter: hi there, thomas. make that four high profile resignations. just a couple of hours ago scotland yard's number two, john yates, also resigned under increasing, extraordinary, really, pressure. that on the heels on his boss's resignation last night. commissioner paul stevenson, he was the head of scotland yard. he, if you will, fell on his sword and said that he could not in good conscience continue with all the challenges to keep the peace in great britain as he and specifically his relationship with the murdock media empire became such a focus of attention. he was calling it a major distra
hundreds! yeah, that'll certainly stick with me. we'll take it. go, big money! i mean, go. it's your break, honey. same coverage, more savings. now, that's progressive. call or click today. somewhere in america, there's a doctor who can peer into the future. there's a nurse who can access in an instant every patient's past. and because the whole hospital's working together, there's a family who can breathe easy, right now. somewhere in america, we've already answered some of the nation's toughest healthcare questions. and the over 60,000 people of siemens are ready to do it again. siemens. answers. >>> here's how citigroup describes it. asking what the u.s. economy might look like after a possible u.s. treasury default is akin to asking what will you do after you commit suicide. here's how the treasury secretary put it in a meeting with democrats. if this country defaults on its obligations, it will be much worse than the great depression. it will make the massive financial crisis of 2008 look mild. it will make what we just went through look like a quaint little crisis. when moody's said
on to as a pass towards raising the debt ceiling. i'm sure that was an edified discussion for their big senate plan, which the president likes, but it is not the president and the senate who need to get together to decide this thing. it's the president and the senate and the drunk kids at the other end of the building who are setting their barbies on fire and cooking metal in the microwave until it explodes. watch it burn! watch it burn! honestly, time for a reality check here. house republicans are not trying to drive a hard bargain and get the best deal possible. house republicans do not want to raise the debt ceiling. for anything. they would please not like to raise the debt ceiling. they would like to go into default, thank you very much. house republicans have been actively making that argument for weeks now that hitting the debt ceiling, oh, that won't hurt a bit, who cares? republican congressman mo brooks of alabama told the washington post this week that on the contrary, all credit rating should be improved by not raising the debt ceiling, which is like saying you're looking forward
that she could catch fire. look, when you start this thing, when you win iowa, if you win iowa big, that thing starts rolling through new hampshire and south carolina, it's over in weeks. i agree 100%. >> how was she going in philadelphia suburbs? how is she going to do in the i-4 corridor and in wisconsin? how is she going to do in new mexico, arizona? i would suggest, with swing voters not well at all. >> there's no doubt if you nominate michele bachmann, it's an enormous risk. the only conditions, i think, under which i believe she could win the presidency, if people say, if they did in 1980, i don't care, i'm taking a chance with this guy because what we got we can't stand, you get 9% or 10% unemployment, two more years, this country is ready for a lot of change. more "morning joe" in a moment. with the hotels.com 48-hour sale, the possibilities are endless. interesting... save up to 50% this tuesday and wednesday only. hotels.com. be smart. book smart.  finally, there's a choice for my patients with an irregular heartbeat called atrial fibrillation, or afib, that's not cause
the economic and political benefits of a big deal now and one that maybe included stimulus and one that would have resuscitated the brand as a post-partisan leader, and one that would have taken the deficit off of the table for election of 2012. a good deal? maybe for the democrats who like bad deals and yet, he might accept it. joining me is senator kent conrad to talk about the deal. senator, welcome. >> good to be with you, ezra. >> this is the reid/mcconnell deal and not just the mcdonnell deal, and billed by republicans and democrats alike, so what do the democrats see in it? >> i think that about the only thing that anyone can see in it that is positive is averting the catastrophe that would come to the country if we did not extend the debt ceiling and if we fail to meet the obligations and fail to pay our bills, interest rates would spike, and markets would crash, and the economy would flounder. we would be in a very serious situation going forward. so, about the only good thing that it does is to avert that kind of catastrophe. >> but then, what is -- and i agree with you completely o
as she stepped into the night and into a waiting suv. big smile on her face there. that suv drove away that's the last the public saw of casey. according to attorney chany mason that's some of the last we'll see of her for some time. >> i think if you're waiting to see her in court again, you'd better get a rocking chair. as far as all the rumors about paid interviews and books and movies there's been no truth to any of that. nothing has been agreed to in any capacity whatsoever. >> we're live in orlando, are you getting any clues about her whereabouts? >> reporter: not really. she really did vanish. her team here, her legal team effectively did what they wanted to pull off. she left the jail here, got into that suv, drove down the road right here which was closed off. there was nom news helicopters that chased. but there were a variety of s.u.v.'s out there. when they got into downtown it was sort of hard to keep track of which was which behind the buildings. next thing you know the news choppers lost her in the darkness downtown. then there was at an airport one of the s.u.v.'s had g
this will not be effecting anyone in the southeast u.s. let's get back to the heat wave because this is the big story of the week. historic heat wave. last week we had a heat wave for a couple weeks but this one will last all week. we have excessive heat warning in st. louis from now until friday. that's unheard of to go that long. huge ridge of high pressure will expand and head to the eastern seaboard where it's going to get uncomfortable as we head to the end of the week into the upcoming weekend. the dangerous heat right now, if you're elderly, the children, you know, day after day, anyone without air conditioning, is going to be in the orangish color. we're used to the heat in the dallas area. it's been 10 0 degrees now 16 days in a row. but you only have heat at vizryes to your north. it's where the humidity is very high. heat indexes will be in the dangerous level from minneapolis, all of iowa, kansas city, omaha, st. louis. how hot will it be? kansas city around 9, same for you in st. louis. when you add in oppressive humidity, it's not your typical humidity. ipts much more humid than it shou
with political philosophy in the house. as the debt line approaches and house republicans are going to have a big choice -- they picked this fight with the president for a reason, the debt limit is not going to be raised unless we do something on the deficit projections now and in to the future. but the problem with the house republicans is, they never answered affirmatively in a politically sa political politically saliable way what the a the answer should be. you have to have a plan that can pass both chambers and the president can sign. otherwise, you're talking past the other party. >> the question is, nicole, what is republican position right now? at the end of last week, we had republican leaders on in the house, guys i like very much personally. been a champion of paul ryan. back from the time i met him, in 1994. but we ask, what do you want? and their position was, it's not enough to close the tax loopholes. we've got to cut tax rates, income tax rates for individuals and corporations. that's not going to happen in 2011. they know it's not going to happen. i say, okay, let's say you got t
presidential candidates have money problems. >> and big money, big problems? gop fundraisers staying on the sidelines. >> mitt romney, 70% maxed out contributions. >> gingrich's campaign is $1 million in debt. >> and the arrests continue as the british police close in on rupert murdoch's media empire scandal. >> every day we're seeing more inconceivable things happen. >> in the last 24 hours, two high-level resignations. >> head of scotland yard resigned yesterday. >> rebekah brooks was released on jail. >> rupert murdoch is said to face the scandal head-on tomorrow. >> now we move to david cameron. >> is cutting short a trip today to south africa. >> order. when are they going to do the decent thing and resign? >> congress now has 15 days to pass a bill to raise the debt ceiling before the united states government goes into a catastrophic default on august 2nd. today harry reid announced the senate will meet every day until the debt ceiling is raised. yesterday, david rogers of politico discovered and reported that house speaker john boehner and eric cantor held a secret meeting wit
? >> he's the big key to getting a deal between the president and the leaders. he is not the key to getting the vote in the house of representatives. mitch mcconnell is important. you have the republican house that is resisting a deal with the president and resisting raising the debt limit. you need republicans to move forward, but mitch mcconnell has shown a willingness much more f. he and a senior leader can make a deal t becomes more difficult for republicans to block it in the house. they will lose the republicans anyway. remember, john boehner passed the his plan that has no chance of going forward in the senate. it has debt limit increase on passage of a balanced budget amendment which is not going to happen. mitch connell can try to move that process along, but john boehner has to figure out how to get to a majority in the house. that's why nancy pelosi is relevant again as well as members of the caucus. >> this passage of a budget amendme amendment, if that's not put in there in some shape or form whether tied to raising the debt ceiling or a side bar, what does that say
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, it made taxpayer funded bailouts illegal. so tax payers don't have to foot the bill if a big bank goes under. second, it said to wall street firms, you can't take the same kind of reckless risks that led to the crisis. and third, it put in place the stronger -- the strongest consumer protections in history. and make sure that these protections work so ordinary people were dealt with fairly so they could make informed decisions about their finances. we didn't just change the law. we changed the way the government did business. for years the job of protecting consumers was divided up in a lot of different agencies. so if you had a problem with the mortgage lender you called one place. if you had a problem with a credit card company, you called somebody else. it meant there were a lot of people who were, but that meant nobody was responsible. and we changed that. we cut the bureaucracy and put one consumer watchdog in charge with just one job. looking out for regular people in the financial system. this is an idea that i got from elizabeth warren who i first met years ago. back then this
're going with separation. >> and david, i believe i got to go with big spending cuts in revenues. makes no sense. >> i think the president, i said earlier, has leverage at this point because republicans depicted themselves as hostage-takers ready to blow things up and the public doesn't like this. they stood their ground. pat's right about that. the tea party people would be happy to see $100 billion cut out of the next budget which is in the bill that's up this week, even if that leads tos 700,000 lost jobs. happy top do safety inspections, environmental protection. this is what they want to do and stand by -- >> let's get back to reality. back to reality -- >> no. this is the reality, pat. >> david, what about -- >> david, hold on. let pat make his case. >> let me ask you this, chris. the republicans, say the mcconnell plan has a trillion or a trillion and a half in budget cuts in it. >> i don't think it does. >> in the house it passes. they send it to the president. he's going to veto it, shut down the government and puts if default? come on. >> the whole idea, mcconnell's, separate
't talk about the gang of six plan. what i like is it's talking about big bold bipartisan plan, a lot of details not out about it. it does talk about 3$3.7 trillin worth of spending cuts over the next ten years and talks about tax reform, i think is critically necessary, talks about lowering the rate, you heard 29%, again, allowing corporations to be more competitive in the global marketplace. these are things we want to accomplish and a big bold bipartisan plan is one we're looking for. >> congressman richmond, is that something you can get on board with? >> we're still looking at the plan and still concerns about reforms to social security that our seniors would receive. i think the framework and concept is something the american people want, which is a little give-and-take on both sides so we can get past this and get back to talking about the 14 million americans unemployed and looking for work. >> you're nodding your head when he's saying that, congressman dole. i'm wondering what you're hearing from your constituents and what their major concerns are when it comes to this tax pl
Search Results 0 to 20 of about 21 (some duplicates have been removed)